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3 years ago

Fritz Evans is the owner and operator of Be-The-One, a motivational consulting business.

Business

1 answer:

almond37 [142]3 years ago

5 0

Answer:

2013 Equity: 298,000

2014 Equity: 327,000

Explanation:

(A)

Assets = Liabilities + Equity

395,000 = 97,000 + Equity

395,000 - 97,000 = Equity

298,000 = Equity

(B)

if asset increase by 65,000

and liabilities increase by 36,000

(395,000 + 65,000) = (97,000 + 36,000) + Equity

460,000 = 133,000 + Equity

Equity = 460,000 - 133,000 = 327,000

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Assume that you are a retail customer. Use the information below to answer the following question. Bid Ask Borrowing Lending S0(

Lunna [17]

Answer:

$1,042,500.

Explanation:

From the question above, we are given the following parameters; under the bid, we have $1.42 = €1.00 and $1.48 = €1.00; the borrowing and lending are $ 4.25% and 4% APR respectively for S0($/€).

Also, for F360($/€), the bid and ask values are: $1.48 = €1.00 and $1.50 = €1.00 respectively; the borrowing and lending values are 3.10% APR and 3% APR.

Therefore, the Borrowing rate is ($) 4.25% in $ . Thus, $1,000,000 for one year, one we owe

$1,000,000 × (1 + 0.0425) = $1,042,500 at maturity.

5 0

3 years ago

Why not use the silver standard for money?

xz_007 [3.2K]

Do u mean the nickles and dimes??

8 0

3 years ago

plies manufacturing overhead at the rate of $40 per machine hour. Budgeted machine hours for the current period were anticipated

qaws [65]

Answer:

$580,000 under applied.

Explanation:

The computation of the company's year end overhead is seen below;

The applied overhead is

= Predetermined overhead rate × actual machine hours

= $40 × 90,000

= $3,600,000

Then, the applied overhead

= $4,180,000 - $3,600,000

= $580,000

Hence, the ending overhead is $580,000 under applied

3 0

2 years ago

Which is a requirement for an acceptance?

Effectus [21]

Answer:

Ohhh, this is business related. The requirements for an acceptance, in economics/business, are that both people in the agreement must do what they requested, and the offer must be made with the intent to follow through on the agreement. You can look at Google for a more in depth explanation, but this should help. :)

6 0

3 years ago

Suppose that an economy is producing on its production possibilities curve but is not producing quantities of each good where th

ivolga24 [154]

Answer:

c. can improve its allocation by producing more of one good and less of the other.

Explanation:

Production possibility curve shows all the combinations not two products that can be produced by an economy with a given level of resources. When more of one good is produced, less of the other is produced.

When the marginal benefit of the goods are not equal to the marginal cost, the economy can find a balance where the benefits of producing bother goods exceeds their cost.

This can be done by producing more of one good and less of the other.

7 0

3 years ago